
Tencent Crayfish Meme Drives 10% Rally
Tencent's viral crayfish promotion sparked a 10% stock surge and 50% gains in MiniMax-linked stocks, underscoring social media's role in amplifying market emotions over fundamentals. Investors relying on Western sources miss China-specific sentiment signals from WeChat and Douyin. This signals a shift to meme-driven trading in traditional markets.








